The bill H. 5331 proposes amendments to Section 12-28-2740 of the South Carolina Code of Laws, which governs the distribution of gasoline user fees among counties and the requirements for the expenditure of those funds. The bill seeks to increase the gasoline user fee from two and sixty-six cents per gallon to five and ninety-nine one-hundredths cents per gallon. Additionally, it removes the requirement that at least twenty-five percent of a county's apportionment of "C" funds must be spent on the state highway system for construction, improvements, and maintenance. This change allows for greater flexibility in how counties can allocate their funds.
Furthermore, the bill stipulates that the Department of Revenue will continue to collect data on gasoline sales in each county to facilitate the allocation of funds. It also clarifies that all interest earnings on the County Transportation Fund will be distributed to counties based on their share of the fund, excluding those counties that manage their own "C" funds. The act will take effect upon approval by the Governor.
Statutes affected: 03/05/2026: 12-28-2740
Latest Version: 12-28-2740